The BlueGreen Alliance supports the move toward a national set of standards to directly regulate methane emissions from the oil and gas industry. Methane standards could contribute substantially to meeting the administration’s target of reducing the nation’s global warming pollution 17 percent by 2020, with even greater reductions post-2020.
- Proven, low-cost technologies can eliminate as much as half of all climate-warming methane emissions from onshore oil and gas operations in the next 5 years. American companies in over 40 states are at the forefront of developing, manufacturing, and implementing these technologies, providing high-quality jobs and stimulating local economies.
- Keeping methane ‘in the system’ will help companies cut waste in addition to reducing the climate change impact of these emissions. A recent report by ICF International estimates methane emissions could be reduced by 40 percent below projected 2018 levels at an average annual cost of less than one cent per thousand cubic feet of produced natural gas.
- Some companies recognize this benefit and have adopted methane pollution reduction measures on their own accord. And while some states, such as Colorado, have taken action to reduce methane emissions, no national standards are in place to protect communities across the country and to effectively reduce the contribution of methane leakage to climate change.